How much is music worth?

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Sky19
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May 25, 04 7:52 AM (permalink)

How much is music worth?

I’ll be meeting with an independent film producer this weekend to discuss (potentially) writing/recording (using SONAR) some original music for a movie of his that is otherwise finished. I’ve written music for people before but always for free. So, my question is…How much do people charge for music? Do they charge by the minute? By the piece? I read some place that video game music sells for $500.00-1500.00 US a minute…Has anybody else heard the same? He has essentially no buget…If I do it I’ll definitely cut my fee way down, ($100.0 per minute? $50.00 per minute?) in fact I would consider doing it for free, but I just don’t have the time to commit to such a project for free since it would take away from my efforts to break into the “for profit” world via other avenues.

ANY information in this area would be helpful.

Thanks,
Sky
#1

25 Replies Related Threads

    Ant
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    RE: How much is music worth? May 25, 04 8:15 AM (permalink)
    Be careful with posts like this. A few years back members of a forum got investigated for price fixing.
    #2
    robnotbob
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    RE: How much is music worth? May 25, 04 8:58 AM (permalink)
    Video game music, and other for hire music might come out to an average, but that is based on fees for billable hours. Heeding Ant's warning, I won't use real numbers, but here's one way to look at it (there may be others):

    Studio fees (electric, equipment, etc.) divided by the number of working hours in a month
    plus
    an hourly creative fee
    plus
    material fees
    plus
    ??? (markup to avoid costly and time-consuming negotiations for changes, or profit margin, etc.)

    You can work by the hour based on this, but better may be to figure out how many hours it takes to create one minute of finished music, multiply times your figured hourly rate, and come up with the per minute of completed music rate. For a project such as the one you're talking about, you'd probably want to quote per complete piece, or more than likely on the whole project; that would be your per minute fee discounted.
    That's just one way to do it though, you might come up with a different agreement with your client. Just make sure you have good communication throughout, and write down your agreement.
    -rob

    It happens sometimes. People just explode. Natural causes.
    - Agent Rogersz
    #3
    Ant
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    RE: How much is music worth? May 25, 04 9:34 AM (permalink)
    Talk about options in the proceeds of the movie. I would always prefer a royalty over a flat fee.
    #4
    ba_midi
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    RE: How much is music worth? May 25, 04 12:21 AM (permalink)
    Sky,

    I don't know what the industry standard is for this at the moment, but often what you're asking is 'negotiated' between the producer and the music person(s).

    It is not price fixing to discuss a "fee" for services, btw. There are no set fees or statutory fees for the creative process.

    However, most studios charge an hourly rate for their time and services, and of course any expenses involved (such as tape, instrument rentals, etc).

    I think since this may be your first "for hire" project, you might start out by asking what the producer is offering - and what he/she expects in return (ie., how many minutes of music, by what date is the final mix expected, etc). Find a starting point from which to negotiate a reasonable deal together. If you're happy and the producer is happy - that's a good start.

    Never make a deal you'll regret later though, and never undersell yourself. If your music is what made the producer choose you, then try to reach a deal you can BOTH live with and be happy with.

    If the dollars are not exactly what you hope for, but can live with - make sure to make an "on the come" deal as well. That means - compensation later from some percentage of the revenues from the movie as it earn money (ie, like a royalty).

    Not everyone has the perfect budget at the start of production - but if a movie sells big, you're entitled to have a share of the income for your efforts.


    Good luck!
    < Message edited by ba_midi -- 5/25/2004 12:24:43 PM >

    Billy Arnell (ba-midi)

    http://www.ba-midi.com/music/files
    Music gives me life, so I give life Music.
    Thanks for listening - Let's Dance to the rhythm of life! :)
    #5
    Ant
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    RE: How much is music worth? May 25, 04 2:01 PM (permalink)
    ORIGINAL: ba_midi

    It is not price fixing to discuss a "fee" for services, btw. There are no set fees or statutory fees for the creative process.


    The forum we were posting on was about web design and fee's that we charge clients. I am only concerned and not laying down the law :)
    #6
    Cass Anawaty
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    RE: How much is music worth? May 25, 04 2:21 PM (permalink)
    I'll be blunt. He has no money, and you'll get no money. No one is going to give you royalties for your music/score. That's the blunt part.

    The encouraging part is, we all start out doing stuff for free, and actually it doesn't seem to end :-). Typically the budget is set, and there's money allotted for the music/sound design and post. Take the gig, assure credits, keep the rights so that if it picks up, you can release the soundtrack.

    That's about all you can do, but it's a really good opportunity--so see it for what it is. A stepping stone.

    I worked on a no-budget film last year. It won a few awards, and the soundtrack was picked up. A friend did music for a documentary, that ended up being a huge hit. Hopefully the director will take him along for his next projects. It does happen1

    Good luck
    CAA
    #7
    retroz
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    RE: How much is music worth? May 25, 04 5:25 PM (permalink)
    There are no royalties paid for film score, unless of course, you release a soundtrack cd and this is for theatrical releases.

    When it plays on TV (network, ABC, CBS, NBC, FOX (partial), then you would get monies for the air-play.

    As it stands now, there is a movement to get this back (royalties for theatrical releses) in the United States.

    Each project is different, but don't sell yourself short. For some reasons, producers always think the music should be free, both score and licensing (songs, cues).

    A standard library cue can cost $2000.00 per instance, or $1000.00 per instance for festival rights (i.e. non major theatrical release) and any infraction therof, can cost the production company up to $100,000.00 per violation. So make sure you mention about library cues costing some dollars.

    Then suggest about $100-$200 an hours worth of work. $1600.00 per day is fair for both parties. Of course, this depends on how good your are, your relationship with them, etc, etc. Keep in mind, it's not really "their" pocket that this comes from. It's from the budget which in turn is those who have invested. Music can make or break a scence more often than not. Sometimes though, silence is required.

    If it's for a TV AD spot, and your creating sound design too (but no editing and voiceovers are done) you can command $20,000 to $50,000 for a .30 second spot (Nike, Nissan, Gatoraid) etc.


    Hope this helps.
    #8
    retroz
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    RE: How much is music worth? May 25, 04 5:30 PM (permalink)
    Of course, if this is your first project, a little compromise may be in order. CAA is right in that it is a stepping stone, but get something out of it. I worked as an agent and music supervisor for a while, having no money is the motto for all things releated to any entertainment business deal.
    < Message edited by retroz -- 5/25/2004 5:31:38 PM >
    #9
    ba_midi
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    RE: How much is music worth? May 25, 04 8:13 PM (permalink)
    I think you gave him _very_ good advice.

    Billy Arnell (ba-midi)

    http://www.ba-midi.com/music/files
    Music gives me life, so I give life Music.
    Thanks for listening - Let's Dance to the rhythm of life! :)
    #10
    krazylain
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    RE: How much is music worth? May 25, 04 8:47 PM (permalink)
    This has been very informative...
    It's nice to see a post like this once in a while...
    #11
    JerGoertz
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    RE: How much is music worth? May 25, 04 11:33 PM (permalink)
    If you create the music for a TV Ad, do you typically retain the rights to the music? Or is there no "typical" situation in this kind of deal?
    #12
    yep
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    RE: How much is music worth? May 25, 04 11:52 PM (permalink)
    FWIW, there are royalties paid for a film score or a TV commercial, or any kind of soundtrack. They are called synchronization royalties. the entity releasing the video has to get permisssion before using your music or recordings. There are standard royalty rates but I don't know what they are and nobody ever uses them anyway, they always get more or less depending on how famous the material is. If someone uses your music without permission you can sue them for whatever they have (might not be much).

    What should you charge for somebody who wants to use your music? As much as you can get away with. Try and guess what their budget is, how bad they want your music, how important your music is to the whole project, and ask for twice what you think it's actually worth. If they say ok, you bid way too low. remember that next time. And don't forget to factor in royalties, if you think the thing is ever actually gonna make any money.

    Cheers.
    #13
    bubblefish
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    RE: How much is music worth? May 26, 04 0:31 PM (permalink)
    i like this advice to.

    only recently i have found my self working (for free) for a local artist providing some soundscapes for an art exibition.

    now the same guy wants to use my stuff for a video he's doing in collaboration with one of the makers of the triplets of bellville...(name drop) , and he's willing to pay (although not finalised I don,t think it will be much, but i'm just stoked to get the publicity and would have done it for free, but he offered!? )

    however this guy got a grant a few years back for $25000 cdn to padlock a bike to a railing out side a police station with around 100 d-locks . it cost $5000......go figure

    and maybe it artistic karma or the music gods are happy with me but i just got a mail today from some one on the other side of the country that wants use one of my tracks in a theatre production

    so yep be prepared to work cheap you never know where it might lead
    < Message edited by bubblefish -- 5/26/2004 12:50:47 AM >

    If you live the sacred and despise the ordinary,
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    Some sounds with spaces
    #14
    krazylain
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    RE: How much is music worth? May 26, 04 0:55 PM (permalink)
    I'm a hobbyist, many friends tease that I should probably find a less expensive way to use my spare time.

    Anyway, from what I've read on this post so far, it seems like I'd correct to assume that many users on this forum are hobbyists/own project studios. I'm just curious, how many of you work with Sonar in professional studios (to make a living)?


    Krazylain

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    #15
    retroz
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    RE: How much is music worth? May 26, 04 3:31 AM (permalink)
    ORIGINAL: JerGoertz

    If you create the music for a TV Ad, do you typically retain the rights to the music? Or is there no "typical" situation in this kind of deal?


    It all depends really. For example, I worked with a composer who's show is Everybody Loves Raymond, it's quite the norm to pay him weekly, per season, the production company gets 100% publishing, he gets 100% writers share. Then, he gets royalties every time it airs, so yes, there are royalties, (notice in my last post, I said network....ABC, CBS, NBC, some FOX, and now UPN), ASCAP, BMI, SESAC hardly ever collect royalties for cable, and for feature films, what you get up front is all you get. While CBS can use the music as they see fit as they control the publishing, yet every time there is a bumper for the show, he gets air-time royalties.

    Here is a typical scenario.
    Your doing an ad for a commercial. It's custom, so it's one-of-a-kind.

    1) You ask for xx amount of dollars, they say ok, but they have exclusive rights to it, this means, they can do what they want after the fact. This is usally the case for BIG feature films, but you obtain the rights for the soundtrack CD (writer) and they obtain the rights to the publishing, or depending on how big you are, you keep them, but as I mentioned earlier, the pro's know that knowone is ripping them off when they want the publishing, it really works out to a 50/50 split. 100% writer, 100% publisher.

    2) most normal is non-exclusive, you do it at a set price, they use it for "their" commercial, you then add it to your library and you retain both publishing and writer share for creating it at a lower price, you can then re-license the cue for someone else. It's still your property, know one, except them, can use it without your permission. But the ad firm will have the rights to use it in their commecial however they see fit.

    Now, back to the film question. If your working on a trailer, or a indi film and it never makes it to the networks (non-cable), the producer is feeding on your inexperience for back end monies that may never come. This, of course, is not to be confused with a back-end deal, meaning, if the film generates xxx amount of dollars, you get a portion agreed upon.

    If your a no-name, and have some cues laying around, and it's not custom work (the cues are finished), $500-$750 per cue is fine for cable tv, if it's network, go for it, get it out there into the networks and make them want to come to you again.
    You can also make deals. $1000.00 for a few cues.

    I scored a trailer and got about $9000.00 for two weeks work, and then placed some music in a DVD featurette for $1500.00, but it was easy work ((but that work doesn't always come, so each case is really different)) and worked with a firm that got $50,000 a cut for top spots (ad campaigns) (score and sound design). The trailer was a major film company (Tri-star) the DVD big name comedian but no-name production company. It all depends on where the monies are coming from.

    Then of course, comes songs, which is a whole different ballgame. Same as above if it's going to be on the show but NOT on the soundtrack, if it gets onto a released CD soundtrack, then they will ask for both synch and master rights. (you can only wish for this scenario). There are indeed royalties from sales (CD/record company) and air-time when it comes to tv (network again). The standard royalty rate is about 15-17% of the CD sales, less reasonable reservers (times (minus) 25% of all sales), then split/divided by the number of artist's on the soundtrack.

    Late, tired, hope I didn't confuse.



    So, I guess you have to ask, the most important questions.
    1) how much work will it be for you
    2) what type of exposure will this create
    3) is it a great movie?
    4) will they be fair and offer at least xx amount a day?

    If your a no-name player, and can get $800-$1000 a day, your not getting screwed, of course, your also not scoring with 200 piece orchestra, and have a budget to work with. However, something else to consider, (then I'll stop for now, I promise), ask him what the budget is for music. Does he expect you to play all the parts? If not, and you where to hire out to union players, they get $150-$200 per hour, but they come in and get the job done in 1-2 hours.

    Then there's studio expenses, copying expenses, lunch, materials, ), get the picture? If they are in the business, they know a good deal when they see it, i.e., self contained(one flat rate, out the door) vs hiring a composer and team with expenses.

    PS, feel free to send me some work too
    #16
    retroz
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    RE: How much is music worth? May 26, 04 3:36 AM (permalink)
    ORIGINAL: krazylain

    I'm a hobbyist, many friends tease that I should probably find a less expensive way to use my spare time.

    Anyway, from what I've read on this post so far, it seems like I'd correct to assume that many users on this forum are hobbyists/own project studios. I'm just curious, how many of you work with Sonar in professional studios (to make a living)?


    Krazylain


    Ok, I just havvvvvvvvvvve to anwser this. I know by your question, what your looking for and I don't blame you. You want to know that others use Sonar for serious biz. Who can blame you. Knowone wants to be looked at as 2nd rate because of what they use right? hee hee, not really.

    The reason I wanted to anwser this is I once scored a project using Acid 3.0 and Vegas. This project aired in theaters, and I made some decent money on it.
    If you can get the production company to deliver video digitized with and without foley and a version with a temp track, your set if you can make it work with Sonar or just about any software. They will sweeten it at their end when it's time. You just need to make-it-happen. They say can you, you say yes. Anyone can work with Quicktime, and all rigs will import wav and aif files.

    May studios will have a pro-tools rig, but throughout they will have whatever they need to make it happen, I've seen pro studios with Acid to Logic, mac and pc's and what's worse, I've seen rigs with old Kurzweil keyboards and on-board samples creating bumpers for tv.

    I've said too much tonight, time for some silence.

    peace all
    < Message edited by retroz -- 5/26/2004 3:41:11 AM >
    #17
    retroz
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    RE: How much is music worth? May 26, 04 3:43 AM (permalink)
    ask for twice what you think it's actually worth. If they say ok, you bid way too low. remember that next time. And don't forget to factor in royalties, if you think the thing is ever actually gonna make any money.

    Cheers.


    A really good tatic and of good taste, is also to ask them what the budget is before you ever drop a number. Sometimes you'll be yeah, ok (but on the inside, jumping up and down), other times, ugggg, and you'll have to weigh in "how much work is this going to involve" and what exposure will I receive.
    #18
    Ant
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    RE: How much is music worth? May 26, 04 4:06 AM (permalink)
    ORIGINAL: retroz

    This, of course, is not to be confused with a back-end deal, meaning, if the film generates xxx amount of dollars, you get a portion agreed upon.


    Which is what I was talking about rather than pure royalties.
    #19
    Sky19
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    RE: How much is music worth? May 26, 04 8:15 AM (permalink)
    Wow – I have to thank all those who’ve provided input to this thread. I’ll post a follow up after I meet with the producer this weekend since I sense this could be a valuable learning experience for all.

    If I had to guess now I think Cass Anawaty has hit close to the mark – he has no money, I’ll get none but I should do the project anyway. The thing is he needs SO much music – up to 50-60 minutes! At this point my goal is to get at least a few hundred dollars out of the deal.

    Later and thanks again
    Sky
    #20
    mb
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    RE: How much is music worth? May 27, 04 7:04 AM (permalink)
    read the book:

    "legal aspects of the music industry by shulenberg"

    mb
    #21
    krizrox
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    RE: How much is music worth? May 27, 04 10:24 AM (permalink)
    ORIGINAL: mb

    read the book:

    "legal aspects of the music industry by shulenberg"

    mb



    Yeah you know, I was at a local Borders bookstore not too long ago and they had a fairly well-stocked section of books on the music biz. I was kind of surprised to see such a good selection actually. Anyone who is looking to sell songs should really invest in a few good books and read up on the subject for themselves. There are way too many variables involved in these deals - especially for newbies (for example, could this guy cut the film in two and sell them as separate films with your music in both films? Wouldn't you prefer to be paid for both films?). Maybe you might want to consider a percentage deal instead of a flat payment?

    If you can't decide based on reading materials or feedback, then simply do some soul searching and decide for yourself what your time and talent is worth. What is the minimum you'd accept based on the situation? It shouldn't have to be any more difficult than that. But educate yourself a bit on the inner workings of the film biz.

    One other little tidbit of advice in reference to doing this type of work for free:

    Don't do it! It's tempting to give away your hard work, especially when you're first starting out and trying to make a name for yourself. But I will tell you something based on years of experience: you will ultimately get more respect from people if you charge them for your work. The problem is that when people get an open checkbook they don't know when to stop. They will walk all over you. Not because they are jerks, it's just human nature. You might lose some business with an attitude like this but I've found the business you lose probably didn't amount to much anyways. People will drop names and paint a big picture in an effort to amaze you but 9 times out of 10 it's all BS and doesn't amount to anything. I've actually experienced a backlash where I've done pro bono work and the client took the work and I got zero credit. Not even an honorable mention on the CD or website.
    < Message edited by krizrox -- 5/27/2004 10:41:00 AM >

    Larry Kriz
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    #22
    Sky19
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    RE: How much is music worth? June 01, 04 8:13 AM (permalink)
    Since I said I would post the results of my meeting
    with an indie film producer regarding what to charge
    for original music, here goes…

    I have to say this guy appears pretty passionate about
    his work…he has a 60 minute film in the can and he is
    in the process of establishing the capability of
    raising money to finance projects. I don’t think he
    has ever actually raised money, but I’ve seen him at
    meetings with the local film Kraal – my take is that
    he is connected but still without demonstrable fund
    raising results. So that is the background.

    I decided that I am entirely justified in getting paid
    a small fee for giving him music. Pros get
    $500.00-2000.00 per minute but that is out of the
    question since this is my first paying gig and he has
    to raise money anyway. So I figured X dollars a
    minute (where X is WAY less than $500.00) would make
    it worth my time…and it turns out that is just a bit
    lower than what he had figured I would charge. So we
    made a deal at that fee – while I would retain the
    rights to the music after words…which means I give him non-exclusive rights to use my music in his film. We agreed that he would pay me in 1/3 payments with each delivery.

    I realize that all this and $1.51 will buy me a tall
    cup of coffee at Starbucks but maybe this post
    will give somebody some place the type of info
    that I was looking for before my meeting.

    Bottom Line: I was hoping to arrive at a fee structure based on some sort of industry wide, standardized formula. My experience so far shows me that there is no such formula…it’s all totally wide open. Oh well.

    Later,
    Shy.
    #23
    Mike Fisher
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    RE: How much is music worth? June 01, 04 9:15 AM (permalink)
    ORIGINAL: Sky19

    So we
    made a deal at that fee – while I would retain the
    rights to the music after words…



    I hope it doesn't come to that!

    (afterwards)
    #24
    Middleman
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    RE: How much is music worth? June 01, 04 12:05 AM (permalink)
    If your new and working in the "Free Zone". Make sure you have a future earnings based agreement. This means that you are willing to provide it free for now but if the product sells, you have a percentage or fixed price for when a profit is realized.
    #25
    ba_midi
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    RE: How much is music worth? June 01, 04 4:10 PM (permalink)
    You might want to consider a licensing deal with a "term limit", or a "renewable" term. Meaning, don't give the rights to use your music to someone "forever", but as an example, a X year deal, renewable in one year increments at X price (or to be negotiated on a "first right of refusal" basis).

    Anyway, good luck with the project if it goes forward!

    Billy Arnell (ba-midi)

    http://www.ba-midi.com/music/files
    Music gives me life, so I give life Music.
    Thanks for listening - Let's Dance to the rhythm of life! :)
    #26
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